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Where does the Goldman Sachs money go??
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BAR[_2_]
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First recorded activity by BoatBanter: Jun 2008
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Where does the Goldman Sachs money go??
In article ,
says...
On 25/04/2010 8:56 AM, bpuharic wrote:
On Sun, 25 Apr 2010 10:24:19 -0400, John
wrote:
http://www.opensecrets.org/orgs/summ...?id=d000000085
Goldman Sachs
Goldman Sachs, one of Wall Street?s most prestigious investment banks, was also
among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer
money to help it stay afloat. Like others in the securities industry, Goldman
Sachs advises and invests in nearly every industry affected by federal
legislation. The firm closely monitors issues including economic policy, trade
and nearly all legislation that governs the financial sector. It has been a
major proponent of privatizing Social Security as well as legislation that would
essentially deregulate the investment banking/securities industry. The firm
tends to give most of its money to Democrats.
they used to. not anymore. the NY times reported yesterday that, since
the begiining of the year, 2/3 of all bribes from the financial sector
now go to the GOP. and last week, the chamber of commerce engineered a
fund raiser/closed door meeting between 25 hedge fund managers and 2
GOP senators.
It is probably why Obama is in a snit with Goldman, not enough bribes.
I think BP is ****ed that the political donations have a tendency to
move the winners early. Especially when coming from large institutions.
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